Country explorer: Grenada
EXPERIMENTAL
2024
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Overview
Grenada is a tropical, upper-middle-income island nation in the Caribbean with a very small population. Its economy has been volatile in recent decades, and is based on tourism, agriculture and manufacturing.
Grenada is known for its production of nutmeg, making it the world's second-largest producer.
Economy
Grenada has experienced steady economic growth, marked by a significant increase in GDP per capita, a reflection of its consistent economic policies and resilience in adapting to global economic shifts, showcasing a pattern common among upper-middle-income countries yet remarkable for its scale within its regional context.
Demographics
Grenada has experienced steady population growth coupled with a gradual decline in fertility rates, a net migration that has fluctuated but shows some periods of balance, and an improvement in life expectancy, reflecting broader trends of development and demographic transition seen in upper-middle-income countries.
Basic needs
Grenada has made significant progress in basic needs, maintaining high access to clean cooking fuels and electricity, alongside a steady increase in access to safely managed drinking water, reflecting continuous improvements in living standards and public health infrastructure that align with trends seen in upper-middle-income countries.
Human development
Grenada has demonstrated notable progress in human development, manifesting through significant improvements in its Human Development Index, reductions in child mortality rates, high adult literacy rates, and advancements in learning-adjusted years of schooling, positioning it favorably among its Caribbean peers and upper-middle-income countries.
Environment & energy
Grenada has maintained a stable forest area in contrast to a general global trend of deforestation, indicating a distinctive commitment to preserving its natural forest resources amid changing environmental and energy profiles.
Technology & innovation
Grenada has demonstrated a remarkable growth in digital engagement and mobile connectivity, reflected by a significant increase in internet usage and mobile phone subscriptions among its population, paralleled by sporadic yet impactful contributions to scientific publications, aligning its technological and innovative landscape closer to global digitization trends while highlighting its unique accelerative growth in internet penetration and mobile adoption among its Caribbean counterparts.
Culture & society
Grenada has experienced a stable but slightly declining share of the population born in another country and a decreasing age dependency ratio, suggesting subtle shifts towards a more demographically balanced society, somewhat akin to trends observed in other upper-middle-income countries.
Governance
Grenada has shown a notable improvement in its fight against corruption, distinguishing itself from many peers by achieving a significantly higher Corruption Perception Index score, indicative of positive governance and societal shifts.